By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Youth Village KenyaYouth Village KenyaYouth Village Kenya
  • Home
  • Education
  • Employment
  • Entertainment
    • Celebrity News
    • Celebrity Interviews
    • Sports
    • Fashion
    • Politics
    • Tech
  • Opportunities
  • Health
  • Contact Us
Search
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: Technical University Of Kenya Blunders On ‘Technical’ Financial Crisis
Share
Sign In
Notification Show More
Font ResizerAa
Youth Village KenyaYouth Village Kenya
Font ResizerAa
Search
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Youth Village Kenya > Blog > Business > Technical University Of Kenya Blunders On ‘Technical’ Financial Crisis
BusinessEducation

Technical University Of Kenya Blunders On ‘Technical’ Financial Crisis

Editor
Last updated: 2016/10/26 at 5:32 AM
Editor
Share
1 Min Read
SHARE

The Technical University of Kenya is in a financial crisis after their asses amounting to about 490 million was out run by their total liabilities of more than 836Millions.

0

Thus, the university has been unable to pay for it’s pension, medical cover and general day to day proper administration.

“This university used to be attractive to many of us, but now I don’t think anyone with an idea of what it has become would want to teach here,” a lecturer complained.

Analysts together with the auditor general office has claimed that the situation is ‘technically insolvent’.

“It is not sustainable and unless we have the unit cost formula adopted, this scenario will be hard to escape,” Dr Ramani said in an interview.

 

You Might Also Like

Build a Powerful Online Presence with Paid Article Placement in Kenya

Kenyan Celebrities Who Excelled in the 2024 KCSE Exams: Mulamwah Among the Top Performers

Corporate Governance Scores Drop Among Kenyan Companies, Says CMA 2023/2024 Report

Botswana Businesses Relaunches as the Premier Resource for Entrepreneurs and Business Leaders

Kenyan Universities and Colleges Adapting to the Competency-Based Curriculum (CBC)

TAGGED: kenyan varsity, TUK, UoN, varsity

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Editor October 26, 2016 October 26, 2016
Share This Article
Facebook Twitter Copy Link Print
Share
Previous Article Reaserchers Wanted By PAWA 254 Starting This November
Next Article An Opportunity To Work At The National Assembly
- Advertisement -

Latest News

Kenyan YouTuber Mr Mwema Recreates Squid Game Season 2 as He Eyes Global Spotlight
Entertainment June 20, 2025
Victor Wanyama’s Partner Shares Heartbreaking Coincidence as Family Mourns Loss of Beloved Matriarch
Life Style June 20, 2025
Senator John Methu Wows Kenyans with Romantic Singing Video and Sparks Online Frenzy
Entertainment June 20, 2025
Samidoh Sparks Backlash with Shocking Comment About Karen Nyamu and Their Kids
Entertainment June 20, 2025
Mulamwah Under Fire for Turning Breakups Into Public Drama
Entertainment June 20, 2025
Azziad Nasenya Delights Netizens with Sultry Dance Days After Turning 25
Entertainment June 19, 2025
Jalang’o Recalls Losing Dad the Same Day He Landed Prestigious Kiss 100 Job
Life Style June 19, 2025
Mulamwah Drops Explosive Allegations Against Ruth K, Demands Return of Dental Work
Entertainment June 19, 2025
- Advertisement -
Follow US
© 2023 Youth Village Kenya By Nine80 Digital Media
Welcome Back!

Sign in to your account

Lost your password?